Praemium Ltd Q4 FY26 Update
Key points
- FY26 net flows reached $1.9 billion
- Total FUA increased 21.1% YoY to $77.9 billion
- Praemium's technology transformation is progressing to plan
Full summary
Praemium Ltd reported its financial results for the quarter to 30 June 2026. The company delivered strong annual platform net flows of $1.9 billion for FY26. Total Funds Under Administration (FUA) increased by 21.1% year-on-year to $77.9 billion. Platform FUA grew by 10.8% to $34.0 billion, supported by strong underlying flows and positive market movement in Q4. The company's non-custodial portfolio administration business also saw significant growth, with FUA up 30.5% to $43.9 billion. Praemium's technology transformation is progressing to plan, with the integration of Technotia delivering enhanced capability and a simplified cost base.
Guidance
FY26 net flows $1.9 billion, Total FUA $77.9 billion, Platform FUA $34.0 billion
Outlook
Praemium expects the drag from legacy transition-related activity to continue moderating into FY27.
Summary generated by a large language model. Please interpret with care.